President: target for first sale of Cypriot natural gas via Egypt by 2028

Date:

Nikos Christodoulides said on Sunday that the goal is to achieve the first sale of Cypriot natural gas to Europe via Egypt around 2027–2028.

President Christodoulides made the remarks after participating in the “Run for Autism” charity event in Ayia Napa.

Asked whether developments are expected regarding the “Cronos” gas field following his visit to Egypt on Monday, the President said the trip will focus exclusively on energy issues.

“We will also sign something relevant. Our goal, and I believe we are on the right track after many years, let me remind you that the first discovery within the Exclusive Economic Zone of the Republic of Cyprus was made in 2011, and we are now in 2026 without any exploitation, is to achieve the first sale of Cypriot natural gas to Europe via Egypt around 2027–2028,” he concluded.

Source: CNA

Share post:

Popular

More like this
Related

ON THIS DAY: The September 11 attacks of 2001

On 11 September 2001, the United States suffered the...

Anthropic blocks AI biological weapons attempts

Anthropic says it has identified and disrupted attempts to...

85-year-old man dies after being struck by reversing vehicle in Anthoupoli

An 85-year-old man, Andreas Christou, has died after being seriously injured in...

EU aid programme allocates €34m to Turkish Cypriots

The European Commission on Friday approved an EU aid programme worth €34 million...